Hennepin and Ramsey counties roll out new wheelage taxes
Taxpayers in Hennepin and Ramsey counties will find their wallets a bit lighter when it comes time to renew their car tabs this year. Both counties have opted to join Anoka, Washington, Dakota, Scott and Carver in collecting a so-called “wheelage” tax from...Minnesota’s “tax incidence analysis:” are taxes fairer now?
Well, it depends. In some regard, the analysis done by the state’s Department of Revenue shows that taxes are indeed fairer now across socioeconomic lines. On the other hand, there are still taxes that disproportionately affect one economic class more than...Part II: Federal forms, foreign accounts and failure to’s
The first part of this two-part post talked about the very generic reporting requirements under the Federal Tax Code for taxpayers in Minneapolis who have foreign bank accounts. The second post will focus on the “what if” side of a reporting error or...
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